$1,100 Per Month
- 2 Beds
- 1 Bath
- 800 Sq Ft
- The Gibson at Wills Point
100 Melody Ln Unit 204, Wills Point, TX 75169
Newly renovated 2/1 with large living area and dining. New appliances and covered parking. Ask about our Move In Specials!
Frequently Asked Questions
How much does it cost to rent a condo in Wills Point, TX?
The median rent for a condo in Wills Point, TX is $1,000 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Wills Point, TX?
To comfortably afford the median rent in Wills Point, TX, a household needs to earn roughly $55,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,397 per month in Wills Point, TX, renters typically need to show $4,191 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Wills Point, TX?
In Wills Point, TX, the price-to-rent ratio is 13.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
